Noveda Technologies Named Enviro Energy Company of the Year by the New Jersey Technology Council

BRANCHBURG, N.J., Nov. 18, 2010 /PRNewswire/ -- The New Jersey Technology Council (NJTC) has named Noveda Technologies, the leader in real time web-based monitoring and visualization systems, as the 2010 "Enviro Energy Company of the Year." Noveda received the award at the NJTC Awards Gala last night in East Brunswick, N.J.

"We are honored to be recognized for our innovation and efforts to change the way the world sees and uses energy, water and waste," said Govi Rao, President and Chief Executive Officer of Noveda Technologies. "In addition to the money we are able to save for our customers, it is recognition like this award from the New Jersey Technology Council, that inspires and motivates our team."

The NJTC Awards Gala is an annual event recognizing the "Best in Technology" companies as well as government, educational and technology support leaders, and has often been called the "Academy Awards" for New Jersey's technology community. The gala honors companies and individuals in many categories – including Public, Private, Life Sciences, Green Communications, and IT/software.  

"We are proud and excited to name Noveda Technologies as the 2010 Enviro Company of the year," said Maxine Ballen, CEO and President of the NJTC.  She added, "Noveda is a great example of 'doing well by doing good.' We are so proud to call Noveda Technologies an NJTC member."

Noveda's comprehensive hardware and software solutions provide real-time energy transparency, a component that is critical for buildings to optimize energy efficiency and performance. The precision data and analytics provided by the company's industry-leading monitoring solutions empower building owners to save energy and decrease their carbon footprint. Noveda is credited with developing and commissioning the first net-zero electric commercial building in the United States.

Noveda recently launched an advanced technology platform designed around the growing market need to monitor multiple sites from a single "operations center." The company also added building optimization services to help support customers committed to energy efficiency, conservation and sustainability.

About Noveda Technologies

Founded in 2007, Noveda Technologies is an innovative leader in real-time web based energy monitoring and visualization for conventional and renewable energy systems.  The company's solutions (hardware, software and services), enable energy optimization in buildings to lower energy costs and reduce carbon footprint. Noveda's solutions are designed to jump-start the journey to net-zero by providing real-time data transparency in buildings and lay the foundation towards a smarter grid. The company's diverse client base includes commercial / retail, industrial, government, and educational institutions. For more information, visit www.noveda.com or call 908-534-8855.

About New Jersey Technology Council

The New Jersey Technology Council provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, the NJTC's more than 1,100 member companies work together to support their own enterprises while advancing New Jersey's status as a leading technology center in the United States. For more information on the NJTC, visit http://www.njtc.org.

SOURCE Noveda Technologies